Which altcoins can be ambushed?
Practical Classroom - Master the Four Key Elements of Identifying the Bull Turning Back
First, the choice of bull varieties: it must be a big bull coin, a leading coin or a dark horse coin with strong potential and influence.
Second, the requirement for full adjustment: after the first wave of the market ends, it must go through a full adjustment process. This includes the adjustment time must be long enough to allow the market to have sufficient time to digest and sort out; the adjustment range must also be large enough to release the risks accumulated in the previous period.
Third, the judgment of the stabilization state: the currency needs to show a stable trend, indicating that the market sentiment is gradually stabilizing, laying the foundation for the subsequent rebound or rise.
Fourth, the observation of the shrinking characteristics: whether the adjustment is in place, in addition to considering the space factor, the volume is also an important indicator. When the dealer completes the wash and the accumulation is in place, most retail investors leave the market, and then there will be a shrinking situation.
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